In this episode, The Annuity Man discusses:

• Why Long Term Care coverage is a concern for many people
• The two different types of enhanced benefit type coverage
• How each of these annuity strategies work
• The limitation and benefits of both

Key Takeaways:

• The best coverage for Long Term Care is still traditional LTC
• "When you get sicker you get your money back quicker" with annuity coverage
• When you qualify for coverage, you typically live an average of 3 years and a maximum of 7 years
• Fewer than 20 carriers currently offer these transfer of risk strategy types

"In a perfect world, confinement care riders and enhanced benefit payout riders should only be used as secondary coverage, not primary coverage." — The Annuity Man

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Website: TheAnnuityMan.com

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